Pivots and Fed Announcements

By , 14 August, 2009, No Comment
ESU9
For 08/14/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1019.83 1026.17 1008.92 1002.58 991.67

Fed and Fed Agency Announcements

S

Some good stuff in the offing today, though I doubt it will have the effect of yesterdays early morning roller coaster.  The central theme in the market has, and will continue to be, where we are in terms of a recovery in the current recession.   I suppose I expect to see, in the coming months, a series of fits and starts.  That is, the recession will not suddenly disappear, but some indicators will indicate progress, and some indicators will indicate regression in digging out of the recession hole.  Best of trading to all.
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